News - Charlotte

  • ZOM Living Acquires Charlotte Site

    ZOM Living has closed on the purchase of a 2.76-acre parcel in Charlotte, where the company plans to break ground in early 2018 on Hazel SouthPark.

    12 October 2017 18:38
  • Charlotte Teems With Demand Drivers

    Employment growth made the city an attractive target for new and expanding businesses, while supporting long-term multifamily demand. Following last year’s cycle high in deliveries, some 6,800 units are slated for completion in 2017.

    10 October 2017 05:00
  • TWO Capital Breaks Ground on Charlotte Suburb Community

    Capital Club will be a 312-unit community in Indian Land, S.C. Patterson arranged a preferred equity investment from RSE Capital Partners as well as a construction loan from Texas Capital Bank and HomeTrust Bank.

    02 October 2017 23:34
  • SunCap Property Breaks Ground on NC High-End Community

    The four-story, 47-unit community will offer two-and three-bedroom apartments with rental rates estimated to start at $3,400 per month. The property marks SunCap’s first multifamily development in Charlotte.

    18 September 2017 20:22
  • Miller-Valentine Unveils Beckett Farms in SC

    The 280-unit luxury property in Fort Mill features a farmhouse aesthetic and offers amenities including a salt-water mineral pool, fire pit with grilling stations and private cabanas.

    08 September 2017 16:06
  • Boston Capital Nabs Charlotte, NC Community

    The company acquired the 368-unit property on behalf of Boston Capital Income & Value U.S. Apartment Fund. The cost of purchase, including improvements, reached $60 million.

    07 September 2017 18:31
  • Emma Capital Expands Footprint in Charlotte

    The company acquired the 240-unit Grand Terraces Apartments and the 310-unit Stanford Reserve for $53 million. It plans upgrades on both properties.

    29 August 2017 08:50
  • PAC to Invest $18M in NC Multifamily Asset

    The aggregate loan will be used by Oxford Properties to develop a 338-unit community in Charlotte. The investment comes with an option for PAC to acquire the asset following stabilization for a convenient sum.

    22 August 2017 15:56
  • Marcus & Millichap Capital Arranges $36M for NC Apartments

    The company worked with PGIM to secure the financing for Aurora Apartments in Charlotte. Terms for the seven-year loan include an adjustable rate and 30-year amortization.

    21 August 2017 17:07
  • Monument Real Estate Services Names New VP

    Alisha Huntsinger is the company’s new vice president of operations. She will oversee daily operations in support of the execution of the firm’s strategy.

    18 July 2017 08:47
  • Arbor Funds $15M in Charlotte Fannie Mae Deal

    The company provided financing for the acquisition of Pressley Ridge Apartment Homes, a fully affordable, 504-unit property. Blackfin Real Estate Investors currently owns the asset.

    05 July 2017 21:45
  • SmartStop Asset Management Sponsors $57M Student Housing Sale

    Strategic Student & Senior Housing Trust purchased a 592-bed community located near the University of Arkansas. The property was previously known as Sterling District, but its new owner dubbed it "The District."

    30 June 2017 15:10
  • SkyHouse Uptown South Tower to Open in Charlotte, NC

    Novare Group and Batson-Cook Development Co. are nearing completion of the community's second phase. The 24-story building will open June 22.

    21 June 2017 08:01
  • Laurel Street Celebrates Opening of NC Community

    The multifamily developer finished work on 757 North, a four-story residential project downtown Winston-Salem. The first residents are expected to move in by July 1.

    09 June 2017 17:03
  • Capital One Brokers $9M Loan for SC Community

    The loan was used for the acquisition of The Terrace at Butler, a 132-unit property in Greenville. New York-based Ladder Capital provided the loan for Engel Realty Co.

    29 May 2017 11:14